Revisions around the end of financial year
This release sees higher than usual revisions in July, as the 16 week imputation retention threshold passes through the end of the financial year and commencement of Delta lockdowns. This period saw increased lags in reporting in lockdown areas, in addition to higher than usual variability around the end of the financial year. These factors contributed to some over-imputation in July, which is now being removed alongside the receipt of more complete data.
Users should use caution when referring to estimates across July.
Month lag in employment size indexes introduced
The ABS has previously advised caution in using the most recent periods in payroll jobs by employment size indexes, which are subject to higher than usual revisions over a longer period - particularly for small employers. These indexes are more heavily influenced by changes in reporting behaviour and reporting obligations than other indexes, affecting the interpretation of underlying change in labour market conditions. A month lag in the reference week has been introduced to provide more stability at the end point of these series. In this release, the latest week of data for these indexes is for the week ending 11 September 2021.
Interim updates between monthly releases
The next release of 'Weekly Payroll Jobs and Wages in Australia, Interim' will be released on Thursday 25 November 2021. It will include updated national and state and territory payroll job estimates up to the week ending 30 October 2021.